Skip to content
Screener

Gates Industrial Corporation GTES Q2 2026 earnings

Reported July 31, 2026 · Before market open

Revenue$941.6MBeat by $14.3M
EPS$0.44Beat by $0.02
Revenue estimate$927.3M
EPS estimate$0.42
“We delivered a strong second quarter, exceeding expectations. We generated record sales and EPS and experienced improving order momentum globally. We believe we are in solid position to capitalize on strengthening industrial demand.”
Ivo Jurek

Next report

Date not yet announced

Financials

Q2 2026

Income statement

See full
Revenue$941.6M+6.6%
Gross profit$386.1M+7.2%
Operating income$131.6M+13.6%
Net income$170.9M+202%
EPS (diluted)$0.67+205%

Balance sheet

See full
Cash & equivalents$823.5M+13.9%
Total debt$2.2B-4.7%
Total equity$3.5B+7.7%
Total assets$7.4B+2.4%

Cash flow

See full
Operating cash flow$78.6M-23.7%
CapEx$18.3M-5.7%
Free cash flow$60.3M-27.9%

Valuation & ratios

Valuation

as of 06/27/26
See full
Market cap$7.31B+24.2%
Enterprise value$8.72B+16.1%
P/E20.1×-8.9×
P/S2.1×+0.3×

Profitability

See full
Gross margin39.7%-0.9pp
Operating margin13.3%-0.5pp
Net margin10.4%+4.4pp
FCF margin11.6%+1.7pp

Returns & leverage

See full
Return on equity10.7%+4.4pp
Debt / equity0.6×-0.1×
Current ratio3.2×-0.2×

Segments

By segment

See full
Power Transmission$588.5M+7.0%
Fluid Power$353.1M+5.8%

By geography

See full
Americas, excluding the U.S.$139.2M—
APAC, excluding China$99.9M—

By product

See full
Aftermarket$646.5M—
OEM$295.1M+6.8%

FAQ

When did Gates Industrial Corporation report Q2 2026 earnings?
Gates Industrial Corporation (GTES) reported Q2 2026 earnings on July 31, 2026 before market open.
What were Gates Industrial Corporation's Q2 2026 revenue and EPS?
Gates Industrial Corporation reported revenue of $941.6M and eps of $0.44 for Q2 2026.
Did Gates Industrial Corporation beat estimates in Q2 2026?
Revenue beat the consensus estimate of $927.3M by $14.3M. EPS beat the consensus estimate of $0.42 by $0.02.
How did Gates Industrial Corporation's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 6.6% from $883.7M a year earlier and eps grew 12.8% from $0.39.
Where can I find Gates Industrial Corporation's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-051221) and the 10-Q periodic report (0001628280-26-051411) directly on SEC EDGAR. The filing index links above go to sec.gov.